GFG Capital LLC Cuts Stake in The Carlyle Group Inc. (NASDAQ:CG)

GFG Capital LLC decreased its holdings in The Carlyle Group Inc. (NASDAQ:CG) by 0.8% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 46,185 shares of the financial services provider’s stock after selling 357 shares during the period. GFG Capital LLC’s holdings in The Carlyle Group were worth $2,332,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Westbourne Investment Advisors Inc. raised its holdings in The Carlyle Group by 3.6% in the 3rd quarter. Westbourne Investment Advisors Inc. now owns 5,700 shares of the financial services provider’s stock worth $245,000 after purchasing an additional 200 shares in the last quarter. Bleakley Financial Group LLC raised its holdings in The Carlyle Group by 0.5% in the 3rd quarter. Bleakley Financial Group LLC now owns 41,742 shares of the financial services provider’s stock worth $1,797,000 after purchasing an additional 208 shares in the last quarter. Deroy & Devereaux Private Investment Counsel Inc. raised its holdings in The Carlyle Group by 0.3% in the 4th quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 80,820 shares of the financial services provider’s stock worth $4,081,000 after purchasing an additional 225 shares in the last quarter. DMC Group LLC raised its holdings in The Carlyle Group by 4.3% in the 4th quarter. DMC Group LLC now owns 6,932 shares of the financial services provider’s stock worth $350,000 after purchasing an additional 283 shares in the last quarter. Finally, Louisiana State Employees Retirement System raised its holdings in The Carlyle Group by 0.5% in the 4th quarter. Louisiana State Employees Retirement System now owns 58,600 shares of the financial services provider’s stock worth $2,959,000 after purchasing an additional 300 shares in the last quarter. Hedge funds and other institutional investors own 55.88% of the company’s stock.

Analyst Ratings Changes

Several research analysts have commented on the stock. Barclays decreased their price objective on shares of The Carlyle Group from $60.00 to $55.00 and set an “overweight” rating for the company in a report on Wednesday. Keefe, Bruyette & Woods increased their price target on shares of The Carlyle Group from $51.00 to $55.00 and gave the stock a “market perform” rating in a research note on Friday, November 8th. Oppenheimer increased their price target on shares of The Carlyle Group from $78.00 to $85.00 and gave the stock an “outperform” rating in a research note on Monday, November 11th. Evercore ISI increased their price target on shares of The Carlyle Group from $51.00 to $52.00 and gave the stock an “in-line” rating in a research note on Wednesday. Finally, UBS Group increased their price target on shares of The Carlyle Group from $43.00 to $54.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 22nd. Nine analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat, The Carlyle Group presently has an average rating of “Hold” and a consensus price target of $54.93.

The Carlyle Group Stock Performance

Shares of The Carlyle Group stock opened at $51.03 on Friday. The company has a market capitalization of $18.25 billion, a PE ratio of 175.97, a P/E/G ratio of 0.92 and a beta of 1.70. The company has a debt-to-equity ratio of 1.38, a quick ratio of 2.32 and a current ratio of 2.32. The company has a 50-day simple moving average of $52.71 and a two-hundred day simple moving average of $48.28. The Carlyle Group Inc. has a one year low of $36.65 and a one year high of $57.50.

The Carlyle Group (NASDAQ:CG) last issued its quarterly earnings results on Monday, February 10th. The financial services provider reported $0.92 earnings per share for the quarter, missing analysts’ consensus estimates of $1.00 by ($0.08). The Carlyle Group had a return on equity of 24.91% and a net margin of 2.21%. Research analysts expect that The Carlyle Group Inc. will post 3.73 EPS for the current fiscal year.

The Carlyle Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 21st will be issued a $0.35 dividend. The ex-dividend date is Friday, February 21st. This represents a $1.40 annualized dividend and a yield of 2.74%. The Carlyle Group’s dividend payout ratio (DPR) is presently 482.76%.

The Carlyle Group Profile

The Carlyle Group Inc is an investment firm specializing in direct and fund of fund investments. Within direct investments, it specializes in management-led/ Leveraged buyouts, privatizations, divestitures, strategic minority equity investments, structured credit, global distressed and corporate opportunities, small and middle market, equity private placements, consolidations and buildups, senior debt, mezzanine and leveraged finance, and venture and growth capital financings, seed/startup, early venture, emerging growth, turnaround, mid venture, late venture, PIPES.